Series Interest definition

Series Interest shall have the meaning set forth in Section 4.1(a) of the Titling Trust Agreement.

Series Interest has the meaning set forth in the Titling Company Agreement.

Series Interest has the meaning specified in Section 4.1(a).

Examples of Series Interest in a sentence

• Interest on the bonds of the One Hundred Thirty-Sixth Series will accrue from and including June 3, 2024 to but excluding December 15, 2024 and, thereafter, from and including the last One Hundred Thirty-Sixth Series Interest Payment Date to which interest has been paid or duly provided for (and if no interest has been paid on the bonds of the One Hundred Thirty-Sixth Series, from June 3, 2024) to but excluding the next succeeding One Hundred Thirty-Sixth Series Interest Payment Date.

• Interest on the bonds of the One Hundred Thirty-Eighth Series will accrue from and including June 3, 2024 to but excluding December 15, 2024 and, thereafter, from and including the last One Hundred Thirty-Eighth Series Interest Payment Date to which interest has been paid or duly provided for (and if no interest has been paid on the bonds of the One Hundred Thirty-Eighth Series, from June 3, 2024) to but excluding the next succeeding One Hundred Thirty-Eighth Series Interest Payment Date.

• Interest on the bonds of the One Hundred Thirty-Seventh Series will accrue from and including June 3, 2024 to but excluding December 15, 2024 and, thereafter, from and including the last One Hundred Thirty-Seventh Series Interest Payment Date to which interest has been paid or duly provided for (and if no interest has been paid on the bonds of the One Hundred Thirty-Seventh Series, from June 3, 2024) to but excluding the next succeeding One Hundred Thirty-Seventh Series Interest Payment Date.

More Definitions of Series Interest

Series Interest means, with respect to a Member, such Member’s equity interest in the assets and liabilities of a particular Series (and not any interest such Member may have as the holder of debt).

Series Interest means a separate series of limited liability company interests in the Titling Company established and formed pursuant to the Titling Company Agreement, as supplemented by a Series Supplement.

Series Interest is defined in Section 4.1 of the Pooling Agreement.

Series Interest means, with respect to a Series, the limited liability company interest of a Member at any particular time, including the right of such Member to any and all benefits to which such Member may be entitled as provided in this Agreement, the relevant Series Operating Agreement and in the Act, together with the obligations of such Member to comply with all the terms and provisions of this Agreement, the relevant Series Operating Agreement and the Act.

Series Interest is defined in SECTION 4.1 of the Pooling Agreement.

Series Interest means an interest in a Series issued by the Company that evidences the Company’s rights, powers and duties with respect to such Series pursuant to this Agreement and the Delaware Act.

Series Interest. With respect to any Member: (a) that Member’s status as a Member of a Series; (b) that Member’s share of the income, gain, loss, deduction and credits of, and the right to receive distributions from, such Series; (c) any Priority Interest to which such Member is entitled; (d) all other rights, benefits and privileges enjoyed by that Member (under the Act, this Agreement or otherwise) in its capacity as a Member of such Series, including that Member’s rights, if any, to vote, designate any Representative(s) or Administrator(s), consent and approve and otherwise to participate in the management of such Series, including any right to do so through the Board of Managers or any Administrative Committee; and (e) all obligations, duties and liabilities imposed on that Member (under the Act, this Agreement or otherwise) in its capacity as a Member of such Series, including any obligations to make Series Capital Contributions with respect to such Series.